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Artificial Intelligence Technology Solutions, Inc. corrected a prior disclosure error regarding its authorized share…
AITXDArtificial Intelligence Technology Solutions Inc.
Artificial Intelligence Technology Solutions, Inc. corrected a prior disclosure error regarding its authorized share count. The company had inadvertently reported in its Form 10-K and Form 10-Q that an authorized share decrease had already occurred. In reality, the Certificate of Amendment to decrease authorized common stock from 27,500,000,000 to 12,000,000,000 shares did not become effective until the Nevada Secretary of State accepted the filing on July 15, 2026. The company will file amended reports to correct the authorized share counts for the fiscal year ended February 28, 2026, and the quarter ended May 31, 2026. Management determined the error was administrative and did not impact reported assets, liabilities, revenues, or earnings per share. The company provides artificial intelligence technology solutions.